Accounting December 24, 2024
State CPA Society News and Updates – Dec. 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Firm Management December 23, 2024
HubSync Releases 2024 Product Enhancements & New Features
HubSync Co. has announced several new enhancements to its product suite. These new features focus on how firms manage tax and accounting processes, leveraging cutting-edge AI and user-centric design.
Accounting Standards December 22, 2024
IASB Updates Accounting Standards for Nature-Dependent Electricity Contracts
Nature-dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power.
Accounting December 19, 2024
2024 Ensuring Success Online CPE Conference Draws Thousands of Attendees
The event is free for professionals, thanks to the sponsorship of several leading accounting and tax technology providers. All sessions are NASBA certified for CPE credit, and some sessions are IRS certified for CE credit.
Financial Reporting December 19, 2024
AICPA Releases Statement Expressing Optimism of Possible Delay for BOI Reporting
Following the release of language in the proposed continuing resolution relating to the beneficial ownership information reporting requirement, the American Institute of CPAs (AICPA) released the following statement.
Auditing December 17, 2024
AI Lowers Barriers to Fraud Investigations
The median duration of a fraud scheme is more than a year, with losses compounding the longer the plot goes on.
Technology December 16, 2024
SAP Announces General Availability of SAP Green Ledger
Part of SAP Sustainability solutions, SAP Green Ledger allocates carbon emissions to specific economic activities and transactions captured by ERP solutions from SAP.
Accounting December 16, 2024
AICPA & CIMA Announces 2024 Leadership Academy Graduates
The program, now in its 16th year, was held in Durham from December 9-12. The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training.
Accounting December 16, 2024
Vertex Named a Leader in 2024 IDC MarketScape in 3 Categories
Vertex delivers innovative tax technology designed to support complex operations across industries, helping ensure accurate tax determination, and seamlessly integrating with evolving business models.
Accounting December 16, 2024
Massachusetts Society of CPAs Offers Accounting Opportunities to High School Students
A total of 36 dedicated MassCPAs members from a variety of backgrounds visited 24 high schools statewide, delivering 30 engaging presentations that highlighted their personal journeys and the multifaceted nature of the accounting field.
Accounting December 16, 2024
NJCPA Delivers Nearly 2,500 Pounds of Food and Supplies to Community FoodBank of New Jersey
The NJCPA Emerging Leaders Council, which sponsored the Food Drive, also held a volunteer day at the FoodBank to help pack food for seniors and veterans.
Accounting December 13, 2024
Business Experimentation with Gen AI Grows but Full Implementation Remains Rare, AICPA & CIMA Survey Finds
While 30% said they were experimenting with Gen AI in business applications, up from only 23% last year, the percentage of companies that are fully using Gen AI in key operations hasn’t budged much.